Estimate what a car is worth today from age and yearly depreciation.
Compound depreciation is applied each year, so the value declines fastest early in the car's life. Knowing realistic resale value helps decide when to sell before a car's repair bills pass its remaining worth.
Car Resale Value
Value = price x (1 - yearly depreciation)^years
Value = price x (1 - yearly depreciation)^years Compound depreciation is applied each year, so the value declines fastest early in the car's life.
Knowing realistic resale value helps decide when to sell before a car's repair bills pass its remaining worth.
This calculator takes 3 inputs: Purchase price, Years owned, Yearly depreciation. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.